Xtract Resources Plc (LON:XTR – Get Free Report)’s share price rose 44.5% during mid-day trading on Thursday . The stock traded as high as GBX 0.80 ($0.01) and last traded at GBX 0.80 ($0.01). Approximately 7,525,801 shares changed hands during trading, an increase of 728% from the average daily volume of 909,276 shares. The stock had previously closed at GBX 0.55 ($0.01).
Xtract Resources Price Performance
The firm has a 50 day simple moving average of GBX 0.54 and a 200-day simple moving average of GBX 0.59. The stock has a market capitalization of £7.43 million, a price-to-earnings ratio of -60.64 and a beta of 0.06.
About Xtract Resources
Xtract Resources Plc, together with its subsidiaries, operates as a resource, development, and mining company. It explores for gold and copper deposits. The company holds 100% interest in the Manica gold project located in the Odzi-Mutare-Manica Greenstone belt in Mozambique; the Bushranger copper-gold project that comprises four exploration licenses totaling 501km2 and located in eastern central New South Wales, Australia; the Eureka copper-gold project comprising 345 hectares located in west of the Zambian Copperbelt district; and the Kalengwa copper project located in the North-western province of Zambia.
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